
The S&P 500 index and the Dow Jones Industrial Average advanced, but the Nasdaq Composite closed lower.

MACD is a momentum oscillator which is developed by Gerald Appel to indicate momentum.

NBCC (India) jumped 3.52% to Rs 48.50 after the company said it has hiked project cost to Rs 1,942 crore to build various land parcels.

Godrej Properties announced that it has entered into an agreement to redevelop a land parcel in the upscale neighbourhood of Wadala, Mumbai.

When valuations are rich and the risks are high, investors should be careful while pumping money into equities.

Sensex ended 410.28 points or 0.68% lower at 59,667.60, while Nifty declined 106.50 points or 0.60% to 17,748.60

Raymond rose 3.95% to Rs 465.50 after the company's board approved business consolidation to enable monetisation for value unlocking.

The Nifty Auto index rallied 0.55% followed by Nifty Bank gained 0.44%, Nifty FMCG index advanced 0.36%.

Manish Shah of NiftyTriggers is positive on RBL Bank with a target price of Rs 200-210

RBL Bank informed that the Reserve Bank of India (RBI) has imposed, a monetary penalty of Rs 2 crore on the bank for non-compliance.